Published 5:07 pm, Tuesday, August 26, 2014

In some municipalities, combined state and local sales taxes are as high as 10%. The state's homestead exemption for owner-occupied residential property
exempts up to $6,000 ($7,000 in Cook County) from a property's assessed
value. - finance.yahoo.com

The Green Mountain State has a steep top income tax rate, and its
property taxes are among the ten highest in the U.S., according to the
Tax Foundation.Food, clothing, and prescription and nonprescription drugs are exempt
from the state sales tax. However, eating out will cost you: Restaurant
meals are taxed at 9%; the tax on alcoholic beverages served in
restaurants is 10%. - finance.yahoo.com

The North Star State recently added a new top income tax rate for high earners.Food, clothing, and prescription and nonprescription drugs are exempt
from the state sales tax. A few cities and counties add their own local
sales tax. The sales tax for vehicles is 6.5%, slightly lower than the
overall state sales tax, and vehicles are not subject to local sales
taxes.Homeowners whose property taxes are high relative to their incomes are eligible for a property tax refund.- finance.yahoo.com

The Pine Tree State dropped its top state income tax rate from 8.5% to 7.95% in 2013.Maine is one of only a few states that prohibit local jurisdictions from imposing their own sales tax. Maine imposes an annual excise tax on vehicles that's based on the car's age and value. - finance.yahoo.com

In 2011, the Ocean State dropped its top income tax rate from 9.9% to 5.99%, but it's still far from a tax haven. Income tax rates range from 3.75% on up to $59,600 of taxable income to 5.99% on taxable income that exceeds $135,500.Groceries, most clothing and footwear, and prescription drugs are exempt from the 7% state sales tax. - finance.yahoo.com

Prescription drugs are exempt from the state's 4% sales tax, but just about everything else is taxed, including services. While property values are high, property taxes as a percentage of home
value are low. The median property tax on the state's median home value
of $517,600 is $1,324, according to the Tax Foundation. - finance.yahoo.com

5. Hawaii
State income tax: 1.4%-11%
State sales tax: 4%
Gas taxes and fees: $0.48 per gallon (varies by county)

Prescription drugs are exempt from the state's 4% sales tax, but just about everything else is taxed, ... more

Photo: Audrey McAvoy, Associated Press

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4. New YorkState income tax: 4%-8.82% State sales tax: 4%Gas taxes and fees: $0.49 per gallon (varies by county)

Food and prescription and nonprescription drugs are exempt from sales
taxes, as are greens fees, health club memberships, and most arts and
entertainment tickets.The median property tax on the state's median home value of $306,000 is $3,755, according to the Tax Foundation.Tax on cigarettes is $4.35 per pack, the highest in the U.S. New York City tacks on an additional $1.50 per pack. - finance.yahoo.com

4. New York
State income tax: 4%-8.82%
State sales tax: 4%
Gas taxes and fees: $0.49 per gallon (varies by county)

Food and prescription and nonprescription drugs are exempt from sales taxes, as are greens fees, ... more

Photo: Mark Lennihan, AP

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3. New Jersey
State income tax: 1.4%- 8.97%
State sales tax: 7%
Gas taxes and fees: $0.15 per gallon

Income taxes range from 1.4% on the first $20,000 of taxable income to 8.97% on taxable income of more than $500,000.Food, prescription and nonprescription drugs, clothing and footwear are exempt from the 7% state sales tax.Gas taxes are the second-lowest in the U.S. - finance.yahoo.com

The Constitution State has the second-highest property taxes in the U.S. after New Jersey, according to the Tax Foundation. There are no local sales taxes, but residents pay a state sales tax of 6.35% on most items.The sales tax on vehicles valued at $50,000 or less is 6.35%; those over that amount are taxed at the 7% luxury rate. - finance.yahoo.com

California's state sales tax increased from 7.25% to 7.5% on Jan. 1, 2013. California also imposes the highest gas taxes in the U.S as well as an annual vehicle license fee. Californians pay lower property taxes than residents in other high-tax states. - finance.yahoo.com

California's state sales tax increased from 7.25% to 7.5% on Jan. 1, 2013.
California also imposes the ... more

Photo: Martin MOLCAN, Photo

Connecticut is not tax-friendly

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If you feel like you're giving a lot of your money away in taxes, you're right. Connecticut ranks number two on Yahoo Finance's list of the 10 least tax-friendly states.

Yahoo looked at income tax, sales tax and gas taxes and fees to find the worst states.

"Almost all these states levy property taxes well above the national median of $1,324. State income taxes are high, as are combined state and local sales taxes that could cost you up to an additional 10% per purchase, depending the municipality in which you live or shop. Finally, some of these states have the highest gas prices in the U.S., in part because they charge above-average fuel taxes and fees." - finance.yahoo.com

Not only is connecticut number two overall, the Nutmeg State also has the second highest property taxes in the country after New Jersey.